Free Seminar/Report on Public Finance Crisis for Nonprofits
Our onPhilanthropy readers are invited to a Seminar / Live Webinar – The Public Finance Crisis: Can Philanthropy Shoulder the Burden?
There is still time to register for Tuesday’s seminar and live webinar hosted by onPhilanthropy sponsor Changing Our World on Tuesday, October 18th at 8:30am, EST. During this one-hour session, Changing Our World’s Executive Vice President, Dr. Susan Raymond will discuss the findings of their latest white paper – The Public Finance Crisis: Can Philanthropy Shoulder the Burden?
For many nonprofits, the last two decades have brought increased financial interdependence with state and federal sources of support as they have become the critical partners of public programs. In the last three years of financial crisis and economic downturns, however, those very public sources of revenue support have come under tremendous strain. Both state and federal budgets are in significant deficit, and are expected to remain so for the next several years. This has had a particular effect on health care, education, and social services sectors. The question is whether, and if so how, private philanthropy can provide a bridge in that funding gap. How big are the problems? Where are they most severe? What philanthropic role is possible, in terms of funding but also in terms of new areas of revenue diversification leadership and new models of partnership with the nonprofit sector?
Changing Our World’s new research has sought to examine the impact of the public financial crises for states on nonprofit organizations. This in-depth research has examined the severity of the budget crises for different states, how those crises ultimately affect the bottom line of nonprofit organizations, how philanthropy has responded, and equally important, what are the practical lessons learned for nonprofits and steps that can be taken to avoid such utter dependence and strengthen current revenues.
There are two opportunities for you to participate — in person at Changing Our World’s headquarter offices in NYC, or you may participate in the live webinar. Click here to register and secure your space. Please RSVP online by October 14th.
Continental breakfast is included for those attending the seminar in person.